Watch List notes:

Republic India, 1957, Error 1 Rupee, Signed by L.K. Jha, Error: Extra paper & Cutting error, approx. 20% extra paper at bottom right corner, part of an extra banknote visible on the extra paper, D Inset, S Prefix, S. No. S91 398074, pin holes, minor stains, graded by PCGS as 40 Extremely fine, Exceedingly Rare.